Market Recap: Weekly Update
(November 18, 2023)
YTD refers the Returns from January 1, 2023 till November 17, 2023
Weekly Change | YTD | |
Nifty 19,731.80 | 1.95% | INR 8.98% |
Sensex | 1.84% | INR 8.14 % |
Bank Nifty | -0.03% | INR 1.39% |
NASDAQ 100 | 2.38% | 45.80% |
S&P 500 | 2.44% | 18.04 % |
Index Valuation and Earning
Index | P/E Ratio | EPS |
Nifty 50 | 21.1 | 935.2 |
Nifty Bank | 14.9 | 2917.3 |
Nifty Financial Services | 16.9 | 1155 |
Nifty IT | 27.1 | 1187.9 |
Nifty Auto | 23.8 | 711.2 |
Nifty FMCG | 43 | 1228 |
Nifty Healthcare | 36.6 | 273.9 |
Nifty Pharma | 31.8 | 496.5 |
Nifty Consumer Durables | 63.9 | 451.3 |
Exchange Rates, Brent Crude & Gold
Closing Price | Weekly Change | |
USD/INR | 83.29 | -0.01% |
EUR/INR | 90.93 | 2.14% |
EUR/USD | 1.09 | 2.02% |
Brent Crude | 80.59 | -0.04% |
Gold (USD/OZ) | 1980.39 | 2.24% |
Gold (INR/10G) 24 caret | 63,025 Delhi | 0.69% |
FII and DII Weekly Trading Data
FII
Gross Purchases | 46,728.29 |
Gross Sales | 47,133.11 |
Net Purchases / Sales | 404.82 |
DII
Gross Purchases | 27,439.76 |
Gross Sales | 25,764.06 |
Net Purchases / Sales | 1,675.70 |
Key Market Updates
- Nifty 50 top Gainers: Eicher Motors Ltd. (9.17%), Hero Moto Corp Ltd. (7.39%), Coal India (6.76%), Tech Mahindra (5.68%), TCS (5.07%).
- Bank, NBFC Stocks decline as RBI tightens consumer loan norms.
- Manappuram Finance Q2 Results: Consolidated net profit of ₹560.65 crore, marking a growth of 37 percent as compared to ₹409.5 crore clocked in the year-ago period.
- Kalyan Jewellers India reported a 27.1% rise in its second-quarter profit.Revenue from operations grew 27% to 44.15 billion rupees.
- Apollo Hospitals Q2 Results: Revenue rises 14% to ₹4,847 crore. The revenue for the quarter under review rose 14% to ₹4,847 crore.
Startup, M&A Deals
- CoverSelf Gets $8.2 Mn From BEENEXT, 3one4 To Streamline Healthcare Claims & Payments.
- Medtech startup Inito raises $6 million in series a funding led by Fireside Ventures.
- ShareChat Co-Founders’ General Autonomy, Secures $3M in Funding to Revolutionize Factory Automation.
- CENTA, a startup focused on teacher accreditation, secures $1 million in funding.
- Temasek-backed DeHaat acquires Freshtrop’s fruit export business
- Bakingo, the omnichannel bakery brand with a major focus on cakes, has raised $16 million as growth capital from Faering Capital in its first external funding.
Checkout the last week’s Market trends here: Market Recap (November 11, 2023)
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Cover Image Source: Freepik
